A big reason that maxim has been true for nearly a quarter millennium: The US economy’s ability to consistently generate rapid labor productivity ... Another example of relative US dynamism ...

U.S. labor productivity initially surged in 2020 during the COVID-19 pandemic, despite the massive economic upheaval. As the economy recovered, the level of productivity retreated to its slow ...

Martin, Josh and Riley, Rebecca 2024. Productivity measurement: Reassessing the production function from micro to macro. Journal of Economic Surveys, Productivity varies widely between industries and ...

Nobody questions─or should question─the goal of economic productivity. Yet when we emphasize productivity without a clear end goal we run into complications. We never desire productivity for ...